A SMART INVESTMENT – Fully Furnished Apartment with EUR 1,200 Monthly Rental Income

Objektbeschreibung

PLEASE NOTE:

The fully furnished apartment offered for sale, including an easily accessible underground parking space on the same level, has been rented out since February 2025 at a monthly net rent of EUR 1,200 (excluding utilities). The tenancy agreement remains in effect and has not been terminated.

The apartment is located on the 4th floor of a multi-family residential building. The building forms part of a larger residential complex comprising four buildings in total. Within the condominium owners' association (WEG), each building has its own sub-association.

The apartment underwent extensive renovation and partial refurbishment at the end of 2024.

The following improvements were carried out:

Bathroom: The bathtub was removed and replaced with a spacious, walk-in shower. A washing machine connection was installed, and the toilet was replaced.

Kitchen: A brand-new fitted kitchen was installed.

Electrical system: A new electrical distribution board was installed, separate connections for the washing machine and tumble dryer were added, and the electrical installation was modernised. The existing wiring inside the walls was not replaced.

Interior insulation: Calcium silicate boards were installed on the external walls of the living room and bedroom to improve indoor comfort.

Welcome to your new investment property!

Upon entering the apartment, you are welcomed by a spacious, tiled entrance hall. From here, you have access to the comfortable living room, the kitchen with its brand-new fitted units, and the freshly renovated bathroom.

The living room features light-coloured laminate flooring, which, together with the large windows and balcony doors, creates a bright and welcoming atmosphere. The west-facing balcony is the perfect place to relax and enjoy the afternoon and evening sunshine after a long day.

The bedroom is accessed directly from the living room. It has also been fitted with new, light-coloured laminate flooring. In addition, calcium silicate insulation boards have been installed on the external walls to improve indoor comfort.

The kitchen features a newly installed, single-wall fitted kitchen equipped with a ceramic hob, oven, fridge-freezer, dishwasher and microwave. A small dining area provides a cosy spot for everyday meals.

The bathroom, finished in turquoise and white tiles, has recently been renovated and now features a spacious walk-in shower, toilet and washbasin. Both the washing machine and tumble dryer are conveniently located in the bathroom.

A communal drying room is available in the basement and can be easily reached by lift.

With its recent renovations, complete furnishings, underground parking space and existing tenancy, this apartment offers an attractive opportunity for buyers looking for a residential investment property with rental income already in place.

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Ausstattung

2-room apartment with kitchen and bathroom (approx. 48.6 m²) in a well-maintained apartment building, featuring:

Living room (approx. 21.1 m²): Laminate flooring, large windows and direct access to the balcony.

Sunny southwest-facing balcony (approx. 8.4 m²).

Bedroom (approx. 9.5 m²): Newly installed laminate flooring, accessible through the living room.

Partially renovated bathroom (approx. 4.4 m²): Windowless bathroom with a spacious walk-in shower, toilet, washbasin and washing machine connection. Equipped with a BRAND-NEW washing machine and tumble dryer.

Kitchen (approx. 5.6 m²): BRAND-NEW fitted kitchen including a fridge-freezer, ceramic hob, oven, extractor hood and full-size (60 cm) dishwasher. Small dining area and tiled flooring.

Entrance hall (approx. 3.8 m²).

PLEASE NOTE:

The apartment has been rented out since February 2025. The tenancy agreement remains in effect and has not been terminated.

The purchase price includes ALL furniture and furnishings, including the fitted kitchen, washing machine and tumble dryer.

An easily accessible underground parking space, located on the same level as the garage entrance, is also included in the purchase price.

The apartment is currently rented out for EUR 1,200 per month (net rent, excluding utilities), including the underground parking space.

A loan taken out by the condominium owners' association (WEG) is currently being repaid through the monthly condominium fees. The remaining repayment period is approximately 6.5 years. The loan repayments have already been taken into account in the net rental yield stated above. Excluding the loan repayment component, the NET rental yield would be 6.06%.

CONDOMINIUM FEES – 2024 ANNUAL STATEMENT

The actual condominium expenses for 2024 are broken down as follows:

Recoverable operating costs: EUR 1,900.37 per year

Non-recoverable expenses: EUR 871.31 per year, comprising:

Loan principal and interest payments: EUR 243.10

Other non-recoverable operating expenses: EUR 628.21

Contribution to the maintenance reserve fund: EUR 730.63 per year

ADDITIONAL FEATURES AND INFORMATION

Improved indoor climate: Calcium silicate insulation boards have been installed on the external walls of the bedroom and living room to improve indoor comfort.

Hot water supply: Hot water is provided independently by an instantaneous water heater in the bathroom and an under-sink water heater in the kitchen.

Window shutters: Electric roller shutters in the living room and a manually operated roller shutter in the bedroom.

Electrical installation: The electrical system has been modernised, including the installation of a new electrical distribution board within the apartment.

Building maintenance: Stairwell cleaning, snow removal, winter maintenance and cleaning of the outdoor communal areas are carried out by external service providers. These services are charged through the building's operating costs.

The building's lift was replaced approximately three years ago.

The property has a cable TV connection.

A private basement storage compartment belongs to the apartment.

A communal bicycle storage room is located on the ground floor and can be accessed directly from outside without any steps.

Sonstige Angaben

If you would like to arrange a viewing of the apartment, please send us an email with your preferred dates and times. We will do our best to accommodate your wishes and get back to you as soon as possible.

All property details provided in this listing are based on information supplied by the owner. We cannot accept any liability for the accuracy or completeness of this information (disclaimer).

Your Weber Immobilien Team